These Analysts Revise Their Forecasts On Braze After Q1 Results

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Braze, Inc. (NASDAQ:BRZE) posted better-than-expected first-quarter earnings on Thursday.

Braze reported first-quarter revenue of $135.459 million, beating estimates of $131.668 million. The company reported a first-quarter adjusted loss of 5 cents per share, beating estimates for a loss of 10 cents per share, according to Benzinga Pro.

Total customers increased to 2,102 as of April 30, up from 1,866 year-over-year.

“We are off to a solid start in fiscal 2025, delivering strong results in an uneven macro, driven by returns from our long-term investments and consistent execution,” said Bill Magnuson, co-founder and CEO of Braze.

Braze said it expects second-quarter revenue to be between $140.5 million and …

Full story available on Benzinga.com